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Jan 19, 2013
01/13
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WBAL
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the economy definitely impacts people. the thing that is great about this is helps build communities. >> what is incredible is it grows expedientially each year. there is such good karma people love to give to this cause. >> there is something for everybody. special olympics provide through sport the opportunity to bring athlete and people in the community who might not otherwise interact with them together. the plunge brings people together from all walks of life all economic stratus all for great cause of special olympics. >> you know john said it's supposed to get very cold this week. >> yes, he did. i understand that. >> how are you feeling? >> i am feeling great and so is everybody who is going to get out there. not too late to sign up. >> great. thank you. congratulations on your new job. >> thank you so much. great to be here. >>> maryland state police bowl lar bear plunge january 25th and 26th at sandy points park at plunge maryland.com. for more information www.somd special olympics if you want to learn more. >> p
the economy definitely impacts people. the thing that is great about this is helps build communities. >> what is incredible is it grows expedientially each year. there is such good karma people love to give to this cause. >> there is something for everybody. special olympics provide through sport the opportunity to bring athlete and people in the community who might not otherwise interact with them together. the plunge brings people together from all walks of life all economic...
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Jan 15, 2013
01/13
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MSNBCW
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eye 138
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. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> the president actually had to remind the media that congressional behavior is the result of democracy. >> now if the american people feel strongly about these issues and they push hard and they reward, or don't reward members of congress with their votes, if -- you know if -- if they reject sort o
. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing,...
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Jan 15, 2013
01/13
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CNBC
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i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusett
i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being...
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Jan 20, 2013
01/13
by
CNN
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eye 140
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getting the economy under "control" will be very, very important. the president faces one problem, though, and we become almost a parliamentary system in the actions of legislative bodies and he's got a republican house that he's got to find a rhythm to work with him. president clinton did that, joe, his second term we were able to balance the budget for four years, but it's difficult and they have not found a rhythm yet and until they do that, i think it limits what he can get done. >> interesting to me because in an early press conference the president said he was well aware of what happened to many other presidents in their second terms and clearly referring to an overreach that you have with second-term presidents who were thinking about their legacy. joe, as you look at, as you look at president obama and you look at his agenda, gun control, immigration reform, climate change, got to get through all the fiscal problems first. i mean, is that overreach? >> i don't think so. there are things that he has to do. climate change is a really difficult
getting the economy under "control" will be very, very important. the president faces one problem, though, and we become almost a parliamentary system in the actions of legislative bodies and he's got a republican house that he's got to find a rhythm to work with him. president clinton did that, joe, his second term we were able to balance the budget for four years, but it's difficult and they have not found a rhythm yet and until they do that, i think it limits what he can get done....
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Jan 21, 2013
01/13
by
WUSA
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eye 206
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and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get another bite of the apple three months from now to try to push the administration to cut spending if they want to raise the debt limit again. >> nancy, we had chance to talk to condoleezza rice yesterday, the former u.s. secretary of state. she told us that when you are an official up there watching the president's inaugural address in his first address, you're taken with the hope and the grandeur of it all. when you're up there for second address you're looking at your watch thinking, i got to get back to work, we've got a l
and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get...
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Jan 17, 2013
01/13
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CNBC
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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Jan 18, 2013
01/13
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CSPAN2
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eye 69
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the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25 million units of those 14 million units that were assembled right here in michigan and we should be proud of that. [applause] also the winners of the cars of the year. if you want the best come you buy it from a michigan company. [applause] on agriculture, we continue to do well. we had a freeze early in the year, it devastated some of our fruit crops. and that was terrible. we had drought issues. but overall we had a strong year, we had record production and sugarbeet production and wheat. back in 2011, i worked with the farm bur
the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25...
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108
Jan 20, 2013
01/13
by
CNN
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the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations. >> should that would be a priority? >> i think so. and so do many people who cover that region. it will take political capital and political courage. without a vested u.s. presidential involvement that is really consistent and persistent, not much is going to change. and previous histories have shown when the u.s. president is really into it, things do change. but i think come back to afghanistan, the president wants to get out of that country and is, 2014 will be the out date. this is where al qaeda started. and people are concerned that the u.s. and other force
the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations....
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106
Jan 14, 2013
01/13
by
CNBC
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and what is its impact on the economy and productivity. joining me now is hudson institute senior fellow and former health and human services. nice to have you back. do we have a gauge as to how much this flu will cost the busy con my in businesses? >> unfortunately costing businesses about $10.4 billion. that is real cash it will cost businesses. on the other hand, while businesses need to get work done, they need to be careful not to force people to come to work, spread it, and make it worse. >> a lot of people want it hang on to their jobs. the economy is recovering but we are not back to the best employment yet. a lot of employees feel they have to come in no matter what. >> the truth is, you learned all the things you need to learn in kindergarten. wash your hands well, cough into your sleeve. if you're sick, don't go to sleeve or work. it does put people into a bind and we know it is a tough situation. >> this flu seemed to come earlier than in the past. is that the case? >> we're not sure it is that much worse than other flu seasons
and what is its impact on the economy and productivity. joining me now is hudson institute senior fellow and former health and human services. nice to have you back. do we have a gauge as to how much this flu will cost the busy con my in businesses? >> unfortunately costing businesses about $10.4 billion. that is real cash it will cost businesses. on the other hand, while businesses need to get work done, they need to be careful not to force people to come to work, spread it, and make it...
111
111
Jan 20, 2013
01/13
by
CSPAN2
tv
eye 111
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if it will boost the local economy. then there's the final economic reasons, physicists like molecular physicist have turned their attention to cities of theoretical exercises and said what type causes of our product give a what product cavite and the ones who've gone as far as it are convinced technically but we all know when her heart, which is the reason cities exist as when we come together, were more days. if tantalizingly difficult to prove that it's the strength of cities and not make sense economically stronger. but glaser talks about that a lot. david brooks talks about how when someone gets a patent, there required to say orestes heywood at the pet that influence to? almost always within 25 miles of the patent here. malcolm gladwell talks about the french impressionist old friends who hung out in the same buyer. they all trained the same absinthe. you know, movements are collected and made by people in proximity. people talk about if you're in a european capital come you can get five minutes done in a day. if
if it will boost the local economy. then there's the final economic reasons, physicists like molecular physicist have turned their attention to cities of theoretical exercises and said what type causes of our product give a what product cavite and the ones who've gone as far as it are convinced technically but we all know when her heart, which is the reason cities exist as when we come together, were more days. if tantalizingly difficult to prove that it's the strength of cities and not make...
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i think so and the economy the trouble staking front the biggest problem facing france is jobs the lack of jobs i don't see how so they're getting involved in the invasion of mali or fighting rebels that mark is going to help the situation and i think hollande does believe that his popularity ratings show incredibly low are going to be boosted by. so i think this is a very mistaken policy by hollande he is extremely unpopular he's only been in power less than a year and he thinks that the way out of the top popularity is to sort of wrap himself over the lag and start going back we passed that he's made a huge mistake he should be tackling the economic problems and focusing purely on those i think but nevertheless there are those who saying that al qaeda is definitely trying to take over northern mali and indeed the south as well i spoke to a man of the siesta say he's saying that the french should be negotiating rather than trying to bomb but can you actually bomb away ideology in this way i don't think you can go and i think that if the french think there's a military solution to this
i think so and the economy the trouble staking front the biggest problem facing france is jobs the lack of jobs i don't see how so they're getting involved in the invasion of mali or fighting rebels that mark is going to help the situation and i think hollande does believe that his popularity ratings show incredibly low are going to be boosted by. so i think this is a very mistaken policy by hollande he is extremely unpopular he's only been in power less than a year and he thinks that the way...
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57
Jan 15, 2013
01/13
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CSPAN2
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eye 57
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but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let me turn the floor to them. >> thank you for your comments, chairman bernanke command for your comments. i am master's student. the first question is, if treasury had a trillion dollar platinum coin, with they have made in the count? if not, why not. >> well, i'm not going to give that any oxygen. [laughter] as you probably know, the treasury and the federal reserve over the weekend, the treasury issued a statement to which the federal reserve approved stating that we did not think this was the right way to deal with this problem. i mean, there are legal issues, pol
but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let...
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118
Jan 21, 2013
01/13
by
CNN
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eye 118
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the economy is slowly starting to recover. one of the things it's starting to recover from is an oil and gas boom in the west, something the president and his base haven't been willing to support. the irony is he may benefit from something he hasn't supported. >> something the president would very much love in a second term, a more robust economy. our special coverage of the presidential inauguration will continue in just a moment. we're just moments away from the president making the traditional stop at church near the white house. officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. >>> good morning. welcome back, everybody. you're taking a live look this morning at st. john's church. the president and the first lady and the two first children will be expected to arrive at that church within 30 minutes or so. really the event that kicks off the festivities for
the economy is slowly starting to recover. one of the things it's starting to recover from is an oil and gas boom in the west, something the president and his base haven't been willing to support. the irony is he may benefit from something he hasn't supported. >> something the president would very much love in a second term, a more robust economy. our special coverage of the presidential inauguration will continue in just a moment. we're just moments away from the president making the...
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Jan 14, 2013
01/13
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CNBC
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to the economy. what we're not going to do is put ourselves in a position where in order to pay for spending that we've already incurred, that our two options are we're either going to profoundly hurt the economy and hurt middle-class families and hurt seniors and hurt kids who are trying to go to college, or alternatively we're going to blow up the economy. we're not going to do that. not whatever congress asks me they're going to have to send me something that's sensible. and we shouldn't be doing this, and we shouldn't be doing this on a one to three-month time frame. why would we do that? this is the united states of america, major. we can't manage our affairs in such a way that we pay our bills and we provide some certainty in terms of how we pay our bills? look, i don't think anybody would consider my position unreasonable here. i have -- [ inaudible ] major, i am happy to have a conversation about how we reduce our deficits. i'm not going to have a monthly or every three months conversation ab
to the economy. what we're not going to do is put ourselves in a position where in order to pay for spending that we've already incurred, that our two options are we're either going to profoundly hurt the economy and hurt middle-class families and hurt seniors and hurt kids who are trying to go to college, or alternatively we're going to blow up the economy. we're not going to do that. not whatever congress asks me they're going to have to send me something that's sensible. and we shouldn't be...
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205
Jan 20, 2013
01/13
by
FBC
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they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times, george bush raised it 7 times, bill clinton raised it 8 times. so, you know, both sides do it so it must be okay, and from the perspective of fair and balanced, it has to stop no matter who is president. we go through the same cycle, we raise the debt limit, spend more,en go out and borrow more, and raise the debt limit again and it looks like it's unstoppable, but this is the check and balance of how t govern our society. we can't afford the bills we have now to pay. someone has to say, no, spend what you have and let's move on. >> brenda: you know, it doesn't really mean anything. why not get rid of it. it
they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times,...
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51
Jan 19, 2013
01/13
by
CNN
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the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that plunges, now standing at just 14%. the president insisted on higher taxes for the wealthy. part of his campaign designed to cast mitt romney as out of touch. his victory sealed, this president will have a sequel. >> for the united states of america, the best is yet to come. >> the original was a drama. but what the sequel needs is action. to it craft a legacy, this president must bring lawmakers together. cliff after cliff, short-term thinking and political bickering at every turn. dysfunction is ruling washington. but look beyond that and this economy is poised f
the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that...
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Jan 14, 2013
01/13
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MSNBCW
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. >>> what's your emergency? >> there's a fire, a big fire. >> i had to ask twice to make sure i had the right address. >> the flames are about 100 feet in the air. >> i realized it was my house. >> for veteran 911 operator mike bose, this is not a typical day at the office. bose along with his parents have lived in quincy, massachusetts, for years. >> it's a nice neighborhood right across from a school. never any trouble on the street. we'd have everybody over during the holidays, christmas, thanksgiving. kids would always stop by. kids were there. it was great. >> bose always enjoys his job with
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. >>>...
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97
Jan 18, 2013
01/13
by
CNBC
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eye 97
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president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where we were not that long ago. while analysts were determined to tell you the housing is about to go tepid. numbers don't fit into the scenario, not a negative one and that's the story of the market right now the bullish facts are getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one -- sell, sell, sell! this feels like a moment like the mid-1980s where the bulls are in control, ala boeing
president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing...
SFGTV2: San Francisco Government Television
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48
Jan 16, 2013
01/13
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SFGTV2
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eye 48
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the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to spending time with you. i know on behalf of m
the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of...
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57
Jan 14, 2013
01/13
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CNBC
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eye 57
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fuel economy, cafe, and people's driving habits. more conscious fuel economy. we see a small growing small car segment. as p gr as /* people want the functionality that shows their personality and we believe this does that. >> is the bounce back, as far as recovering from the economy and u.s. sales. >> i think the playing field is level. we are starting the year with good inventory. same time last year we didn't have good inventory. this year it is a level play be field. we think we have tail wind as an industry going into the year. age of the car fleet. 11 plus years. all of those things. we think everybody is breaking great new product to market. we think that will stimulate as well. >> you are in california. you are seeing sales way above the national average in terms of increases there. does that pretend that rest of the country follows in 2013-14. >> historically we looked to the coast, california and new york, as bell weathers for the rest of the nation. if that pattern stays true, yes, we think that that result could come across the u.s. and we could get
fuel economy, cafe, and people's driving habits. more conscious fuel economy. we see a small growing small car segment. as p gr as /* people want the functionality that shows their personality and we believe this does that. >> is the bounce back, as far as recovering from the economy and u.s. sales. >> i think the playing field is level. we are starting the year with good inventory. same time last year we didn't have good inventory. this year it is a level play be field. we think we...
136
136
Jan 17, 2013
01/13
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CNBC
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eye 136
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you've got a slowdown in the global economy. do you still think we're going to see money moving into equities despite some of these challenges knowing that that's exactly what we saw at year end anyway? do you think that it continues? >> well, there's no question. unfortunately, there's continued uncertainty around washington and the actions of washington. i don't believe that we're going to see a continued slowdown in the global economy though. you know, the movement, what you're seeing in japan and the japanese stock market starting to reflect that, you're -- you know, you have the japanese government trying to really reboot that economy. you're seeing the chinese government and the new leadership trying to reboot their economy, so, if any, you're going to see probably an accelerated economy n.parts of the world i still think we'll have structural problems in europe and all the uncertainty about the united states so i don't believe it's going to be as bad as it sounds. the u.s. certainly may, but i actually think what's going
you've got a slowdown in the global economy. do you still think we're going to see money moving into equities despite some of these challenges knowing that that's exactly what we saw at year end anyway? do you think that it continues? >> well, there's no question. unfortunately, there's continued uncertainty around washington and the actions of washington. i don't believe that we're going to see a continued slowdown in the global economy though. you know, the movement, what you're seeing...
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Jan 13, 2013
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administration and i point out one of the reasons spending was falling as a percentage of gdp was the economy was growing so fast because we had a good fiscal policy that promoted competent and economic growth. if you look at the projections today, we are projecting the retirement of the baby boom and we see more people claiming their benefits. >> i want to get to that projection. it is part of the reality that even if we cut spending in the policies we are making, as we pay the policies that are due, there are areas where spending goes up. i don't think any of us want to be saying people should not be able to collect social security benefits when they are 65. that and medicare for people who are retiring are driving aggregate spending levels. on the discretionary side, we are cutting spending. >> which is why we are baffled you haven't tackled entitlements driving our long-range projections of the cliff. speaking of those long-range projections, i look at the claims you are reducing the deficit in the long term. we have enough trouble projecting 10 quarters and the future without rejecting 1
administration and i point out one of the reasons spending was falling as a percentage of gdp was the economy was growing so fast because we had a good fiscal policy that promoted competent and economic growth. if you look at the projections today, we are projecting the retirement of the baby boom and we see more people claiming their benefits. >> i want to get to that projection. it is part of the reality that even if we cut spending in the policies we are making, as we pay the policies...
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Jan 18, 2013
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don't forget how large that economy is relative to the world economies so i think the market has nothing but not green shoots but blossoming flowers. go buy it. >> so why then, doc, are you still more cautious than the other guys? >> partly because, judge, i like owning options instead of owning equities. i just do. the only times i like owning equities are like for instance when joe and i fight about stocks with nice yield. i mean whether it's a verizon or whether it is intel, if i'm talking about a 4% dividend yielder that i can get in there and write options against it as well and take it to double digits on the return i like that. but i don't like buying apple. i don't like buying a lot of the stocks that don't have the yield, judge, that are attractive to me. instead, i trade the options. >> speaking of verizon i'm glad you mentioned it. next week is a bonanza earnings week. there are so many important companies reporting next week that that is going to decide where this market goes. don't you think? >> yes. the expectations in terms of what the potential growth for eps and the pote
don't forget how large that economy is relative to the world economies so i think the market has nothing but not green shoots but blossoming flowers. go buy it. >> so why then, doc, are you still more cautious than the other guys? >> partly because, judge, i like owning options instead of owning equities. i just do. the only times i like owning equities are like for instance when joe and i fight about stocks with nice yield. i mean whether it's a verizon or whether it is intel, if...
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Jan 19, 2013
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we have learned at last to manage a modern economy to assure its continued growth. we have given freedom new reach. we have begun to make its promise real for black as well as for white. we see the hope of tomorrow in the youth of today. i know america's youth. i believe in them. we can be proud that they are better educated, more committed, more passionately driven by conscience than any generation in our history. no people has ever been so close to the achievement of a just and abundant society, or so possessed of the will to achieve it. and because our strengths are so great, we can afford to appraise our weaknesses with candor and to approach them with hope. standing in this same place a third of a century ago, franklin delano roosevelt addressed a nation ravaged by depression and gripped in fear. he could say in surveying the nation's troubles -- "they concern, thank god, only material things." our crisis today is in reverse. we find ourselves rich in goods, but ragged in spirit, reaching with magnificent precision for the moon, but failing into raucous discord
we have learned at last to manage a modern economy to assure its continued growth. we have given freedom new reach. we have begun to make its promise real for black as well as for white. we see the hope of tomorrow in the youth of today. i know america's youth. i believe in them. we can be proud that they are better educated, more committed, more passionately driven by conscience than any generation in our history. no people has ever been so close to the achievement of a just and abundant...
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Jan 20, 2013
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the economy, democrats might object when i say this, but the economy more than republicans were the president's enemy in the first time. no money coming in, no room to maneuver. >> he's got one fight after another coming up, although we've put off one fight a couple months, and the president has to get over that in order to get to the rest of his agenda, and the question i have is whether the president is going to actually anger some of his liberal team by making those commitments on entitlement cutbacks on medicare, for example, in particular in order to get to the rest of his agenda and to david's point, to keep the economy chucking along. >> does he see that, david, as central though? i mean, to so many people in the business community, it does seem central. if you don't put out a plan for entitlement reform, you can't get long-term growth in the economy, you srm can't, because there's too many unknowns and strangle holds that are going to hit the economy. does he see it that way or does he not see that risk? >> i think that's a really good question because at the end of the day i think the
the economy, democrats might object when i say this, but the economy more than republicans were the president's enemy in the first time. no money coming in, no room to maneuver. >> he's got one fight after another coming up, although we've put off one fight a couple months, and the president has to get over that in order to get to the rest of his agenda, and the question i have is whether the president is going to actually anger some of his liberal team by making those commitments on...
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Jan 18, 2013
01/13
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our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the regulatory regime, both in this country and europe. going in to that, what your reservation -- [inaudible] the deal that would emerge from the negotiations. what would you be most concerned about? >> i said in a meeting of the group that is looking at this, in my position, stated there was that we should undertake serious discussions between the u.s. and e.u. at the same time, i think we need to be realistic. i was -- [inaudible] what was that? over ten years ago, and i think there were unnecessarily optimistic views about how quickl
our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the...
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Jan 21, 2013
01/13
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we are going to put this nation 's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause]hey. [applause]i thought you weren't coming out! i thought you weren't coming. but you changed your mind. [applause]>> hi, everybody. [applause]excuse our tardiness, but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. pardon our delay. [applause]thank you so much. thank you for that kind introduction. more importantly, thank you for your leadership. [applause]i love joe biden. [applause]i love jill a little bit more. [laughter]but i want to thank you both for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. i am ready to do four mark with both of you. -- four more with both of you. most of all, i want to thank all of you here tonight for everything you have done to bring this inauguration to life. th
we are going to put this nation 's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause]hey. [applause]i thought you weren't coming out! i thought you weren't coming. but you changed your mind. [applause]>> hi, everybody. [applause]excuse our tardiness, but you know what? when stevie wonder has a few words to say to...
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Jan 19, 2013
01/13
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economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying to push it there. those people, i think include key leaders in the party, like the house republican leaders this week who are trying to talk their members down from the ledge. they include folks like david brooks who in saying that republicans look deeply unreasonable, they are telling republicans you are being unreasonable. you need to move to the center. the structure of their argument a bit weird, but they're pushing in the right direction. for the republican party to fix itself will require a painful process, in which insane voices stare up and stare d
economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying...
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Jan 21, 2013
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i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right? the last four years, in your view? what could he have done better or has he done wrong? >> four years ago right around this time when i was a member of the administration's economics team, i was remembering the juxtaposition of great hope and expectations and the real horror of what was going on in macroeconomy. gdp contracting at 9%. i think the president came in and hit very hard and broke the back of the great recession a lot sooner than people expected. certainly the financial markets were reflated much more quickly and at less expense than people expected.
i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right?...
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house at the new york times purchased in one thousand nine hundred four in west jerusalem belong to the economy family there a palestinian family that lived in jerusalem before you were expelled by israeli terrorist militias in one thousand nine hundred eighty eight so they purchased a house that's built on top of palestinian homes and they've acknowledged this is not a hidden information they've acknowledged that they purchased did they tried to it's ambiguous what their response has been they tried to say we purchased the house from whoever sold it to us but they acknowledge that it was palestinian and that the people the palestinians who owned it should have the right to determine who owns that house who built on top of the original house and is still occupying this house so this is a lot of conflict of interest of the new york times when it comes to palestine there occupying the palestinian home their former bro chief his son it was served in israeli forces while he was abroad chief and now we and now with this headline and as well if you read the new york times on a daily basis they just t
house at the new york times purchased in one thousand nine hundred four in west jerusalem belong to the economy family there a palestinian family that lived in jerusalem before you were expelled by israeli terrorist militias in one thousand nine hundred eighty eight so they purchased a house that's built on top of palestinian homes and they've acknowledged this is not a hidden information they've acknowledged that they purchased did they tried to it's ambiguous what their response has been they...
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Jan 20, 2013
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the american economy from full blown depression. good evening, democrats. >> president obama's friend, massachusetts governor deval patrick talks to me about the president's next term, and about his own next steps. you are watching msnbc, the place for politics. [ man ] visa prepaid opened a new world for me. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. with visa prepaid. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup brewer. always good
the american economy from full blown depression. good evening, democrats. >> president obama's friend, massachusetts governor deval patrick talks to me about the president's next term, and about his own next steps. you are watching msnbc, the place for politics. [ man ] visa prepaid opened a new world for me. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is,...
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Jan 14, 2013
01/13
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economy, jobs. the president stating firmly, forcefully, as he has before, he will not negotiate with congress when it comes to raising the nation's debt ceiling. what i will not do, the president said, is negotiate with a gun at the head of the american people. very strong words from the president. he was clearly frustrate, clearly anger at the republicans right now, threatening that he's not going to go ahead and let them do, let them try to use raising the nation's debt ceiling, raising the nation's debt ceiling as leverage in getting further spending cuts. john king is here, gloria borger is here with us. both of you stand by. brianna keilar was at the news conference. she's over there at the white house. brianna, the president was very tough in offering his assessment on what needs to be done. >> reporter: that's right, wolf. and he said he will not negotiate on the debt ceiling, the end. he has reiterated that, and this was his chance to come out today and say it yet again. he said today that
economy, jobs. the president stating firmly, forcefully, as he has before, he will not negotiate with congress when it comes to raising the nation's debt ceiling. what i will not do, the president said, is negotiate with a gun at the head of the american people. very strong words from the president. he was clearly frustrate, clearly anger at the republicans right now, threatening that he's not going to go ahead and let them do, let them try to use raising the nation's debt ceiling, raising the...
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Jan 15, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >> with the gun control debate exploding across the country. one kentucky sheriff sending a strong message to the feds. jackson county sheriff denny payman insisting you're never going to pull guns out of jackson county. how does he intend to make good of that declaration. the sheriff joins us, good evening, sir. >> good evening, how are you this evening. >> greta: very well. what happens if president obama issues some executive order and increases the control over guns or weapons? you're not going to enforce it? >> with the executive order? >> yes. >> okay. well, when i swore an oath, i swore an oath to the community. the group of people that live in jackson county. i swore an oath to the constitution, and swore oath also to the constitution of kentucky, and in that constitution is a second amendment and that's what this country i
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >> with the gun control debate exploding across the country. one kentucky sheriff sending a strong message to the feds. jackson county sheriff denny payman insisting you're never going to pull guns out of jackson county. how does he intend to make...
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that being the furthering of the economy and. our geopolitical stance in the mideast the similarities are. or that it's urgency with a. with indigenous people and not an army and that's causing us the problems that we're having on both sides. kind of going along with that what parallels can you draw between the enemy that the us is fighting during the vietnam war it was in this rough terrain we had enemies that were kind of hiding among the populace how would you compare the two well the comparison geographically is that one was a jungle environment the other resistance pretty much rocks desert. the similarities are that that that the people that were writing aside from whatever their political aspirations are preventable people that were were foreigners and were in their provinces but just. foreign government might have troops in say new york city new york city people were banned together and and defend their country and then with occupation. that's a situation that's similar we had that same problem in vietnam we were we were f
that being the furthering of the economy and. our geopolitical stance in the mideast the similarities are. or that it's urgency with a. with indigenous people and not an army and that's causing us the problems that we're having on both sides. kind of going along with that what parallels can you draw between the enemy that the us is fighting during the vietnam war it was in this rough terrain we had enemies that were kind of hiding among the populace how would you compare the two well the...
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Jan 18, 2013
01/13
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they have a plan now to reflight the economy. they are printing a lot of money. 2% is the inflation rate they want. why is that not going to help the japanese economy. many people think it will. >> i think if you study the situation deeply, you see that japanese debt is about 24 times central government tax revenues. when you get into that, when you sail into that zone of insolvency, nothing you can do can help, in my opinion. they would have imploded under their own weight a few years down the road. now they talk about targeting 2% inflation. they don't realize it will force them to explode sooner. >> your criticism is well known, even to japanese ministers of finance, i would argue. >> first of all, when you think about a crisis, 99.9% of the people get it wrong. when you think about 20 years of the procycal cality, the owner ship of bonds of japan is the institutional community. they buy the bonds because they have 28 basis points of yield on the five-year and 70 on the ten. the only way you invest on a bond like that is if th
they have a plan now to reflight the economy. they are printing a lot of money. 2% is the inflation rate they want. why is that not going to help the japanese economy. many people think it will. >> i think if you study the situation deeply, you see that japanese debt is about 24 times central government tax revenues. when you get into that, when you sail into that zone of insolvency, nothing you can do can help, in my opinion. they would have imploded under their own weight a few years...